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Strategies & Market Trends : India Coffee House

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To: JPR who wrote (2810)	9/21/1998 3:33:00 PM
From: Mohan Marette	Read Replies (1) of 12475

JPR: I am considering ITWO and ORBI for a short term play,can't say if it is good for day trading though. ITWO-has corrected itself more than necessary and the last couple of days it has been moving nicely. ORBI-Special situation.They have a launch of 8 LEO sats scheduled for 1.29am tonight,if successful it could be worth a some change in the morning but at the same time if the launch is postponed due to weather or technical reasons or if the launch fails the risk is at least a point or two.Very risky but one never knows.... I might nibble on the two or one of them, I don't know yet.

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